Daniel J. Heinrich
On October 19, 2023, Daniel J. Heinrich, a member of the Board of Directors of Lowe’s Companies, Inc. (the “Company”), informed the Company of his decision to resign as a director of the Company, effective October 23, 2023.
Highest-materiality recent filing
Lowe's Q2 2026: Adjusted EPS $4.40 (+1.6%), comp sales +0.2%, online +15.7%
Diluted EPS $4.27; adjusted diluted EPS $4.40, up 1.6% YoY; includes $0.11 IEEPA tariff refund benefit.
Lowe's Q1 2026 EPS $2.90 GAAP, $3.03 adjusted; comp sales +0.6%
Diluted EPS $2.90 (GAAP), adjusted diluted EPS $3.03 (+3.8% YoY).
Lowe's Q4 2025: Comparable sales +1.3%, adjusted EPS $1.98, total sales $20.6B
Q4 diluted EPS $1.78 (vs $1.99 prior year); adjusted diluted EPS $1.98, up 2.6% YoY.
Lowe's Q3 GAAP EPS $2.88 ($3.06 adj); comp sales +0.4%; rev $20.8B
Net earnings $1.6B; GAAP diluted EPS $2.88 vs $2.99 YoY; adjusted EPS $3.06 (+5.9%).
Lowe's completes $8.8B acquisition of Foundation Building Materials, draws $2B term loan
Completed acquisition of FBM for $8.8B cash on Oct 9, 2025.
Lowe's issues $5.0B in unsecured notes across five tranches with maturities 2027-2035
Issued $5.0B aggregate principal of unsecured notes: $650M 3.950% due Oct 2027, $750M 4.000% due Oct 2028, $1.1B 4.250% due Mar 2031, $1.3B 4.500% due Oct 2032, $1.2B 4.850% due Oct 2035.
Lowe's enters $5B in new credit facilities to fund $8.8B acquisition of ASP Flag Parent
Entered $2.0B 5-year unsecured revolving credit facility and $2.0B 3-year term loan on Sept 16, 2025.
Lowe's Q2 2025 EPS $4.27 beats $4.17; comp sales +1.1%
Net earnings $2.4B; diluted EPS $4.27; adjusted diluted EPS $4.33 (+5.6% YoY).
Lowe's acquires FBM for $8.8B cash; expected close Q4 2025
Deal: Lowe's acquires FBM for $8.8B in cash, expected to close in Q4 2025.
Lowe's Q1 EPS $2.92 (-4.6% YoY), revenue $20.9B (-2.3%), comps -1.7%, affirms FY2025 outlook
Diluted EPS of $2.92 vs $3.06 in Q1 2024, down 4.6%; net earnings $1.6B.
Lowe's Q1 net earnings $1.6B, EPS $2.92; comps -1.7%; reaffirms FY outlook
Net earnings $1.6B, diluted EPS $2.92 (down 4.6% YoY from $3.06); total sales $20.9B (-2.3% YoY).
Lowe's Q4 2024 EPS $1.99, adjusted $1.93; comp sales +0.2%
Diluted EPS $1.99 vs $1.77 prior year; adjusted EPS $1.93 excluding $0.06 Canadian gain.
Lowe's unveils 2025 Total Home Strategy, targets $1B in annual cost savings, affirms FY2024 outlook
New five-pillar strategy: Pro penetration, online sales, home services, loyalty ecosystem, space productivity.
Lowe's Q3 2024 EPS $2.99 ($2.89 adj), revenue $20.2B, comp sales -1.1%
Diluted EPS $2.99 (down 2% YoY); adjusted diluted EPS $2.89 excluding $54M gain from Canadian sale.
Lowe's Q2 diluted EPS $4.17, comparable sales -5.1%; Pro comps positive mid-single-digit
Net earnings $2.4B; diluted EPS $4.17 vs $4.56 YoY; adjusted diluted EPS $4.10.
Lowe's Q1 2024 diluted EPS $3.06, sales $21.4B, comps -4.1%
Diluted EPS $3.06 vs $3.77 prior year (incl. Canadian gain); prior-year adjusted EPS $3.67.
Lowe's Q4 comp sales down 6.2%; diluted EPS $1.77; provides FY2024 outlook
Q4 net earnings $1.0B, diluted EPS $1.77 (vs $1.58 prior year including Canadian sale costs).
Lowe's Q3 2023: Comp sales down 7.4%, EPS $3.06 vs $3.27 adj. prior year
Net earnings $1.8B, diluted EPS $3.06; prior-year EPS $0.25 included $2.1B Canadian impairment.
Lowe's Q1 diluted EPS $3.77, comp sales -4.3%; cuts FY2023 outlook
Q1 diluted EPS $3.77 (adjusted $3.67, +5% YoY); net earnings $2.3B.
Lowe's Q4 2022: Adj. EPS $2.28 (+28% YoY), US comp sales -0.7%, provides FY2023 outlook
Diluted EPS $1.58 (GAAP); adjusted diluted EPS $2.28, up 28% YoY.
Lowe's affirms FY2022 outlook, announces new $15B share repurchase program
Affirms FY2022 outlook: total sales $97–98B, adj. EPS $13.65–13.80, comp sales flat to down 1%.
Lowe's Q3 adjusted EPS $3.27, +19.8% YoY; US comps up 3%; raises FY outlook
Adjusted diluted EPS $3.27 (ex $2.1B Canadian impairment), up 19.8% YoY; GAAP EPS $0.25.
Lowe's sells Canadian retail business to Sycamore Partners for $400M
Sale price $400M cash plus performance-based deferred consideration; buyer Sycamore Partners.
Lowe's Q2 EPS $4.67 beats prior year; US comp sales +0.2%, total comp -0.3%
Diluted EPS $4.67 vs $4.25 YoY (+9.9%); net earnings $3.0B in line with prior year.
Lowe's Q1 EPS $3.51 beats $3.21; sales $23.7B down 4%; affirms FY guidance
Net earnings $2.3B, diluted EPS $3.51 (up 9.3% from $3.21); total sales $23.7B vs $24.4B.
Lowe's issues $5B in four tranches of unsecured notes due 2027-2062
Issued $5B aggregate: $750M 3.35% notes due 2027, $1.5B 3.75% due 2032, $1.5B 4.25% due 2052, $1.25B 4.45% due 2062.
Lowe's Q4 EPS $1.78 beats adj. $1.33; revenue $21.3B; raises FY2022 outlook
Q4 diluted EPS $1.78 ($1.2B net) vs $1.32 LY; adjusted EPS up 34% to $1.78.
Board authorized new $13B share repurchase program; total authorization ~$20B including $7.3B remaining from prior program.
Lowe's Q3 EPS $2.73 beats; raises FY outlook; US comp +2.6%; $12B buyback plan
Net earnings $1.9B, diluted EPS $2.73; adjusted EPS $2.73, up 38% YoY from $1.98.
Lowe's Q2 EPS $4.25 (up 13% adj.), revenue $27.6B, raises FY2021 outlook
Diluted EPS $4.25 (up 13% adjusted vs $3.75); net earnings $3.0B.
On October 19, 2023, Daniel J. Heinrich, a member of the Board of Directors of Lowe’s Companies, Inc. (the “Company”), informed the Company of his decision to resign as a director of the Company, effective October 23, 2023.
On August 4, 2022, the Board of Directors (the “Board”) of Lowe’s Companies, Inc. (the “Company”) elected Scott H. Baxter as a director.
Mr. Denton’s departure is to accept another role at a publicly traded company outside the Company’s industry and is not due to a dispute or disagreement with the Company.
On April 7, 2022, the Board of Directors of Lowe’s Companies, Inc. (the “Company”) appointed Brandon J. Sink to serve as Executive Vice President, Chief Financial Officer, effective April 30, 2022.
On July 29, 2021, Angela Braly, a member of the Board of Directors of Lowe's Companies, Inc. (the “Company”), informed the Company of her decision to resign as a director of the Company, effective July 29, 2021.
Max materiality 0.85 · Median 0.70 · Most common event earnings